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immediate family

   Also found in: Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
Immediate family
Term used in the NASD rules of fair practice to refer to one's parents, brothers, sisters, children, relatives supported financially, father-in-law, mother-in-law, sister-in-law, and brother-in-law.
immediate family
Close relatives by birth or marriage including siblings, parents, children, in-laws, and any financial dependents. The National Association of Securities Dealers restricts financial transactions between a broker-dealer and his or her immediate family.


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